The company intends to merge with the acquired captive in due course, and reinsure the longer-tail portion of the portfolio with its core risk carrier in Germany, Darag Deutschland AG.
Source: captiveinsurancetimes.com
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DARAG finalizes two captive legacy transactions
Details besides the firm's locations remain undisclosed
Source: insurancebusinessmag.com
Darag inks deal for undisclosed Hawaii captive
CEO Booth said there is “continued interest” in the NA captive market.
Source: insuranceinsider.com
Tony Buss to lead merged Arag and Das UK business as deal completes
Arag Group has announced that its UK boss, Tony Buss, pictured, will lead the new enlarged legal expenses business, having completed the acquisition of Das UK
Source: insuranceage.co.uk
Arag Group strikes deal for Das UK - Insurance Age
Arag Group has signed up to buy Das UK, subject to regulatory approval, in a move that would create a near £200m gross written premium legal expenses insurance
Source: insuranceage.co.uk